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HomeMy WebLinkAboutCouncil Resolution 992RESOLUTION NO. ~1~ c~ RESOLUTION TRANSFERRING APPROPRIATIONS WITI-IIN FUNDS FOR FISCAL YEAR 2003-2004 Recitals ORS 294.450(1) authorizes transfers of appropriations within a given fiord when authorized by official resolution of the City Council, providing that said resolution states the need for the transfer, the purpose for the authorized expenditure, and the amount of the appropriation transferred. Now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTRAL POINT, AS FOLLOWS: General Fund, (Fund O1), shall increase Personal Services by $62,290, with an allocation of $55,920 to the Planning Department, and $10,370 to the Parks and Recreation Department. The Non-Operating Department shall have a reduction of transfers to the Land and Building Fund in the amount of $62,290. The Land and Building Fund, (Fund 81) shall have transfers-in reduced by $62,290 and Capital Outlay reduced by $62,290. The Budget changes in the payroll expenditures represents the added costs in the reclassification of the Planning Director and Recreation Supervisor and the Creations of a Planning Manager by motion at the August 28°' council meeting. These changes were not anticipated during the Adoption of the Budget. -~ Passed by the Council and signed by in authentication of its passage this ~ ay of 2004. -~ Mayor Hank Williams ATT n // T. ,,- o~ ,-ice. City Representative ~-~ Approved by me this ~a day of c~~~~"'`'~ ~-!" , 2003. ~~~~~G.z-.--- Mayor Hank Williams